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Oil & Energy

Oil & Energy

President Tinubu Appoints Minister of State for Petroleum Resources (Gas) as Co-Chairman of NCDMB Governing Council

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May 9, 2024 - In a move to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the...
Oil & Energy

NNPCL Committed to Building Huge Oil, Gas Infrastructure to Make Sector Thrive

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The Nigerian National Petroleum Company Ltd (NNPC Ltd.) says it will continue to invest in the development of huge oil and gas infrastructure to...
Oil & Energy

NNPC Chief Mele Kyari Attends Unveiling of National Energy Policy and Master Plan Gazettes

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Mr. Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPC Ltd., on Wednesday graced the unveiling event of the Gazettes detailing the National...
Oil & Energy

‘Don’t Panic, We’ve Over 1.5bn Litres of Petrol That Will Last 30 Days’, NNPCL Assures Nigerians

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The Nigerian National Petroleum Company, NNPC, Ltd. says it has over 1.5 billion litres stock of Premium Motor Spirit, PMS, also known as petrol,...
Oil & Energy

Nigeria To Produce 4,000 Metric Tonnes of Lithium Per Day — VP

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Nigeria is poised to produce 4,000 tonnes of lithium per day, Vice-President Kashim Shettima, said on Monday in Abuja. Declaring open a two-day roundtable on...
Oil & Energy

Nigerian Government Requires $10bn For Power Sector Revival — Minister

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The Minister of Power, Adebayo Adelabu says the Federal Government requires 10 billion dollars investment yearly, to revive the power sector for the next...
Oil & Energy

Nigeria attracts $50m investment for conversion of commercial buses to CNG

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The Nigerian government through the Presidential Compressed Natural Gas Initiative (P-CNGi) has attracted a 50 million dollar deal for the conversion of commercial vehicles...
Oil & Energy

SERAP Sues NNPC Over Failure To Account For ‘Missing $2.04bn, N164bn Oil Revenues’

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Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over the "failure to account for...
Oil & Energy

Nigeria Poised to Power Global Clean Energy Future — Tinubu

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President Bola Tinubu of Nigeria has stated that the country, with its high-grade lithium deposits, is strategically positioned to drive the clean energy future...
Oil & Energy

Dangote Petroleum Refinery Announces Further Reduction in Diesel and Aviation Fuel Prices

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Dangote Petroleum Refinery has announced a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre respectively. This marks the third significant reduction...
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